Dfa Calfrna Shrt Fund Market Value
| DFCMX Fund | USD 10.21 0.01 0.1% |
| Symbol | Dfa |
Dfa Calfrna 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Dfa Calfrna's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Dfa Calfrna.
| 07/12/2024 |
| 01/08/2025 |
If you would invest 0.00 in Dfa Calfrna on July 12, 2024 and sell it all today you would earn a total of 0.00 from holding Dfa Calfrna Shrt or generate 0.0% return on investment in Dfa Calfrna over 180 days. Dfa Calfrna is related to or competes with Artisan High, Metropolitan West, Transamerica Intermediate, T Rowe, and Baird Quality. As a fundamental investment policy, under normal market conditions, the Portfolio will invest at least 80 percent of its... More
Dfa Calfrna Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Dfa Calfrna's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Dfa Calfrna Shrt upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.1316 | |||
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 0.2945 | |||
| Value At Risk | (0.1) | |||
| Potential Upside | 0.0982 |
Dfa Calfrna Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dfa Calfrna's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dfa Calfrna's standard deviation. In reality, there are many statistical measures that can use Dfa Calfrna historical prices to predict the future Dfa Calfrna's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | (0.70) |
Dfa Calfrna Shrt Backtested Returns
At this stage we consider Dfa Mutual Fund to be very steady. Dfa Calfrna Shrt secures Sharpe Ratio (or Efficiency) of 0.11, which denotes the fund had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Dfa Calfrna Shrt, which you can use to evaluate the volatility of the entity. Please confirm Dfa Calfrna's Coefficient Of Variation of 907.71, downside deviation of 0.1316, and Mean Deviation of 0.0308 to check if the risk estimate we provide is consistent with the expected return of 0.0064%. The fund shows a Beta (market volatility) of 0.0058, which means not very significant fluctuations relative to the market. As returns on the market increase, Dfa Calfrna's returns are expected to increase less than the market. However, during the bear market, the loss of holding Dfa Calfrna is expected to be smaller as well.
Auto-correlation | 0.84 |
Very good predictability
Dfa Calfrna Shrt has very good predictability. Overlapping area represents the amount of predictability between Dfa Calfrna time series from 12th of July 2024 to 10th of October 2024 and 10th of October 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Dfa Calfrna Shrt price movement. The serial correlation of 0.84 indicates that around 84.0% of current Dfa Calfrna price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Dfa Calfrna Shrt lagged returns against current returns
Autocorrelation, which is Dfa Calfrna mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Dfa Calfrna's mutual fund expected returns. We can calculate the autocorrelation of Dfa Calfrna returns to help us make a trade decision. For example, suppose you find that Dfa Calfrna has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Dfa Calfrna regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Dfa Calfrna mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dfa Calfrna mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dfa Calfrna mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Dfa Calfrna Lagged Returns
When evaluating Dfa Calfrna's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dfa Calfrna mutual fund have on its future price. Dfa Calfrna autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Dfa Calfrna autocorrelation shows the relationship between Dfa Calfrna mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Dfa Calfrna Shrt.
Regressed Prices |
| Timeline |
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Other Information on Investing in Dfa Mutual Fund
Dfa Calfrna financial ratios help investors to determine whether Dfa Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Dfa with respect to the benefits of owning Dfa Calfrna security.
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